POLLIWOG (Tadpole): the early stage of an animal that will eventually become a frog, hoping to be kissed by a princess, turning into a prince! POLIBLOG (Political Blog): the early stage of a center-right political blog that may eventually become a full blown blog of the center-right. Join in if you find any merit in the comments. If you are on the left and disagree, feel free to straighten me out! Who knows, with effort from all of us this blog may turn into a prince!

Thursday, October 08, 2009

Larry Kudlow Lays Out Reasons to Try Supply Side Economics.

In "The Mundell-Laffer Solution" Mr. Kudlow reminds us that Democrat and Republican administrations have solved our economic problems with supply side approaches in the past (W, Bill Clinton, Ronald Reagan, and JFK) so how about trying it now before disaster strikes!

His final two paragraphs summarize:

"Again, I know I'm a supply-side fossil and a relic of the past. But the Mundell-Laffer policy plan -- which has worked historically for Republicans and Democrats -- could truly save the nation and its economy at this critical juncture. Monetary restraint and the incentives of lower tax rates will solve the dollar and unemployment problems.

In our supposedly post-partisan era, why not give it a try, President Obama?"